Obama, DNC spending exceeded donations in July

[clearvision]

AP:

Facing strong fundraising from his Republican challenger, President Barack Obama and Democrats have spent more than they brought in last month as the president expanded his campaign operations and purchased millions of dollars in television advertising to compete with rival Mitt Romney.

 

New campaign finance reports out Monday show Obama's campaign spent about $59 million in July, much of it on advertising and paid staff. That's compared with about $49.2 million in total receipts during the same period, Federal Election Commission data show.

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Interesting numbers at link.

[Valin]

I do recall the concern that he would more money to spend than the GOP nominee, back in the spring.

[clearvision]

I do recall the concern that he would more money to spend than the GOP nominee, back in the spring.

Yeah but the assumption was he would have the money to spend.... I guess it just fits with the rest of the way he is running things.